About your Search

20121222
20121230
STATION
MSNBCW 46
CNNW 36
FBC 25
CNBC 19
WBAL (NBC) 6
KPIX (CBS) 5
KGO (ABC) 4
WUSA (CBS) 3
WMAR (ABC) 2
WRC (NBC) 2
WJLA (ABC) 1
LANGUAGE
English 171
Search Results 0 to 49 of about 171 (some duplicates have been removed)
. foreigners sneak into america and take american jobs, there ought to be a law, government ought to do something. that's just the way pple think, it's instinct. i have to admit how i used to think, took me decades to realize i was wrong, passing a law often does more harm than good. and progress comes from millions of individuals acting to make themselves better off guided by an invisible hand that inadvertently helps others. not to viewers of the "stossel" show, but to normal people. when there is a problem, government should address it. my next guest says they know what our brain is wired that way. an evolutionary psychiatrist at the university of california santa barbara and the author of the mind of the market. so, there is your book, let me start with you since you talk about the mind. you say the faith in government comes from evolution and? >> the natural propensity we have is if people have more stuff than somebody else, there must have been something else done wrong, something immoral, something unfair because in the small band of hunter and gatherer in very resource poor envi
whether the government should be throwing your tax dollars at industry the first place. i asked robert bryce, senior fellow at the manhattan institute about this issue. let's start with the tax credit. >> sure. gerri: this is industry, let's face it they don't have a whole lot to show for themselves yet we subsidize them to the tune of $1.2 billion. why? >> remember the industry said we're all about reducing carbon dioxide. that was the whole argument. now it shifted we create jobs argument. if congress does not extend production tax credit we'll lose 37,000 jobs. they might get an extension but there is big push among utilities, a lot of groups to end the tax credit and it very well could be ended. gerri: it doesn't work that well. 84% fail to produce electricity when the demand is great. as a solution to our energy problems how would you rate it? >> it is not a solution and it is wholly dependent on electric utilities and electric generation that can be dispatched. we can't count on wind. when demand is highest wind output is generally at its lowest. that's a big problem. gerri: iron
fried government's. look at the population data. i hear about nigeria because of of -- overpopulation. they have 174 people per square mile. that is half of the netherlands and they are rich. one-tenth ofongkong and singapore and they are really which. >> the resource is the mind. john: more people more brains. >> more people closer together means more conversations. john: i have been told we're running out ofuel. jimmy carter said that. it would have been within the next decade, 30 years ago. >> that implies a prices should be rising. of decades oil has been getting cheaper and cheaper. even if it does get cheaper people look for a substitute. they keep inventing new ways to take more oil. have much more stores of oil the out than president carter said. let's go to the myth of your personal choice. with talk about contrarian pular advice for un-schooling your kids who founded by james altucher. what do you mean by un-schooling? >> they are taught to go to the bathroom, walk, move, pay attention in the school. what do they remember? john: most people do not want to home school. we tru
basically raise money to cover eight days of government spending, but you know, david and adam, we've had the letter from nancy pelosi. do you really believe it was a ploy to smoke out the republicans? because nancy pelosi in her letter is equating millionaires to big oil, special interest and corporations. why doesn't the g.o.p. capitalize on that they really want middle class tax hikes when they're talking about raising taxes on the 250,000 plus crowd >> well, i think speaker boehner and the republicans in the house would be able to get some democrats support for the millionaire tax increase which i don't think they did enough of and they had to call off that vote as we all know on that plan. but some democrats would support something like that, but we're talking here about the leadership speaker-- minority leader pelosi and you know, she, because now it's republicans proposing it, now they seem to be backing away. they might be able to get some conservative leaning or moderate democrats to support something like that. and the president, as we know, the white house has signaled they wou
love this, as opposed to letting the government do it. we he don't need the government to do this. this is what americans can do. stuart: you've got the last word on me there, mark lanier, very good, very good. you walk away from your 227 million, mark, have a wonderful new year. >> thank you. stuart: a massive storm, serious stuff here, big storms through the u.s., high winds, snow, everybody came down and stranding a lot of travelers across the country and dumping inches of snow in some cities, actually feet in some areas. roadways in the northeast covered with snow, again, two feet of snow in some areas. big delays in a lot of airports. big headaches for holiday travelers, that storm is blamed for the at least six deaths. if congress and the president can't come up with a plan and we dive on that fiscal cliff, look what would happen to the average federal taxpayers, the average taxpayer is roughly 50,000 bucks a year and that person would pay a extra, 1238 per year in taxes. in fact, every taxpayer would pay more if we go over that cliff. clearly, that would be a hit to the ove
cut out of this government, geronimo. and carol says sandra of time mt from new york neil: easier said than done, one of the loudest vocal critics in the government community says he is frustrated. >> how are you? lou: i'm great. how were you? >> people are desperate. at the grassroots level all the way out. now, it's starting to show up in the top 500 companies of the united states. we are in very difficult straits tonight's feature when you started talking about this, you weren't yet heard that that you want that you can't think that companies can ignore the fallout for the fallout is fast and furious. how god is dead? >> i think it's getting really dangerous. because most companies right now are in survival mode. they don't know what the future's going to be like. they can't get access to capital. customers are scared to death. we are doing stupid thing like converting corn to fuel, w are sitting on great oil reserves, natural gas, doing nothing with it. we are building solar plants in the west. it is the stupidest thing i've ever heard in my life. neil: i am going to hold you down
actually being shut down on the defense contracting side and other government services not being paid for. that i can see. much higher taxes soaking up the revenue. so yes, that is a big thing. this is all gamesmanship about going over the cliff. both sides can say they win if they go fo over the cliff, oddly enough. and that is where we are going. shibani: i wants to ask both of you, when are we going to get back to fundamentals? the bottom line for investors, when are we going to get back to fundamentals, what month, what quarter in 2013? >> i think it will be in a couple of weeks here in january. it is earnings season, we will get a picture into what companies are seeing. it is almost irrelevant what happened in the fourth quarter. we want to pay attention to what they're seeing from their customers looking into the future. shibani: what are you looking for in 2013? >> i think we will get there when we figure out this cliff situation and the other half when the fed lays off the pedal because that is the other real peace driving us, driving the market beyond the market fundamentals. dav
between 40 and $65,000 a year will have to pay an extra two grand to the government. gregg: coming up we'll talk with republican nick mulvaney whose house budget committee is obviously on the forefront of the fiscal talk. so we'll try to get the latest from him in just a moment. patti ann: meanwhile, gregg, we have new warnings from the treasury department that if a fiscal deal isn't reached our government will have to turn to extraordinary measures when the debt limit hits its ceiling. $16.4 trillion probably on monday. fox business network's stuart varney joins us now. hi, stu. you say this is the big story people aren't talking about? >> it is a sleeper issue, patti ann. on monday the government officially runs out of money and it can not borrow anymore. so it will have to shift all kind of cash around to make sure they can pay their bills and maybe they can do that for a couple of months. means you can kick the can, eight weeks be maybe, until the absolute crunch comes. there are consequences to this. it could be that america will be downgraded again. after all back in august of 2011
will officially re-sign from his post on friday. he stressed that italy's next government must avoid backtracking on reforms. elections are due to return in january. sylvia berlusconi met up with cnbc and began by asking him whether he will be running in the upcoming elections. >> translator: yes. obviously, this wasn't my original intention or a desirable option. i had to surrender to reality. and my sense of responsibility convinced me to run again for a premiership. actually, this need come from the polls. a angelino alfamo is capable, but only my participation would have brought back all the voters who supported us in 2008 which represented almost 40% of the total of italian voters. i had to admit what the data was saying as i did in 2004. i feel the need to return to the political arena to prevent the country from being delivered into the hands of a leftist party that isn't at all social democratic, but has its roots firmly pointed in the communist orthodox party. >> under market and in europe, there is some concern that your return in politics may bring back italy to the latest borrow of 20
of those outside the box ideas that the federal government should take seriously here? >> first of all, i don't know -- i would like to know, first of all how many schools there are in america. high schools, middle schools, preschools, private christian academies? the point is this is unfeasible. i'm not sure it's the right way to go to put an armed guard in every single school in america. who will pick up the taxpayer dla are on that? the counties, it is states? the locals the feds? who will do this? it's impractical. to the some mention i don't like guns in our schools. it's a nice political sound bite and they can use an old statement from bill clinton to say this, but i'm not sure it's a practical idea, frankly. >> first of all, when it comes to education, decisions really do need to be handled on a local level. that's how education decisions should be made. but at the same time i do support the idea of consideration putting an armed patrol officer. my sister in atlanta works at a receiving desk, and she's not prepared or trained for dealing with someone coming into the school. i woul
and these changes will produce a government pan dated calamity. it was only agreed to because it was never meant to be enacted. it was just a fail safe. it's not working right now. it's brutal and wrong headed as it might particularly be, let's just say at this particular moment as the president closed tonight, it said things are just getting better. it's the worst mistake. there's just too much hatred between the two parties to head it off. put simply, sometimes i think they would rather throw us back into recession than to portray their principle business compromising. the only way these politicians know how to save the nation's village is to burn it down. the opposite irony of today's session. given the wanton hardship that beckons if we fall off the cliff and chance that no deal is possible let alone one that can be reached in a few day's time, why weren't we down much more? why weren't we off gigantically? why didn't we fall off the stock cliff today? why didn't we detonate? why do we have one of those down 500 points days? that seemed reasonable. we said 7% when congress rejected the initi
and they might be influenced by some violent popular culture. but how is the government going to identify the darkest thoughts in people's minds before they do anything? well, what government can do easily, however, is make it much harder for these people to have access to guns. a few hours before the newtown murders, a man entered a school in the province in china, obviously, mentally disturbed, he tried to kill as many children as he could. but all he had access to was a knife. the result, despite many injured, not one child died. the problems that for deuproduc newtown mas ker. you find my column on cnn.com/fareed. let's get started. >>> so, let's get right to it. a conversation about the real economic problems this country faces on my right and on their right glen hubbard the former chief economic adviser of cheney campaign. on my left, peter orzack, obama former budget director and sort of in the middle, the economist, economics editor and kristen editor of reuters digital. i promised we were going to get past the cliff. but i have to ask a few questions about it. you don't think it'
to the president's desk. tracy: click and expedient. lori: the efficiency. tracy: u.s. government set to hit the legal borrowing limit on monday. 16.$4 trillion federal debt limit beginning to come down and toch congress passes legislation or defaults. treasury secretary tim traders said the treasury would begin to undertake "extraordinary measures to stave off default quote that could $3,200,000,000,000 of additional funding which would give them two more months this is creative accounting. we have many. lori: the overspending is the understatement. the bond yield is lower investors are thinking this is the safest bet stocks are falling the dow was off 100 points europe is a mess in china slows down the global economy in dire straits and we cannot stop spending there is no message in interest rates are rising as they should to prepare for another downgrade which is very concerning talking about the economic data data, consumer confidence falls over fiscal cliff uncertainty and warning the government is set to hit the legal borrowing limit by a monday. we have bill rodgers from rutgers unive
an actual all-time high again. anyway, among the catalysts, a new pro-business government preparing to assume leadership, incoming prime minister shinzo abe. what is it, 50,000 that it has to get to? >> 39,000 i believe is the peak. >> who's counting, right? that's a ways off. >> yeah. far away. >> shinzo abe has been putting pressure on the bank of japan to raise its inflation target in hopes of extricating the country from two decades of deflation. i guess if you just raised the target -- >> that would help. >> okay. >> it doesn't matter what your target is if you can't hit it. >> we found that out here. >>> meantime, in europe markets are closed for the boxing day holiday. seems weird to do it just for a bunch of people to -- >> box up the gifts and return them. >> it's not a -- >> bad, i know. >> it is boxing. what kind of boxing are we -- boxer rebellion? >> i've never understood boxing day. >> we have to look it up. >> i literally have no idea. >> or it's on google. no, is there anything on google that is different? let me see. just a regular -- >> is there their our way to fi
the government, better be a buyer than a seller. compromise is far, far more likely than not, despite last night's shenanigashenanigans. jack in florida, jack? >> caller: i read your book. i enjoyed it very much. >> thank you. >> caller: i'm following a sector rotation strategy with some of my investments. currently in the material sector. and hoping to catch more of the housing uprise. but with the fiscal cliff looming, i was wondering if you would advise more defenseless strategy like consumer staples or something going into the new year. >> what i was thinking i told a friend of mine today conagra reported an amazing number. that's the kind of thing i would think about. nice yield. good growth. i think that's the best idea. why don't we go to brooks in ohio. brooks was here. brooks? >> caller: my question is about abbott, the split, how's it going down and which side are you on? >> good news today. the split will be included in the s&p which is why it was up. abbott is going higher. that's why my travel trust owns it. things seem dysfunctional in washington but even now it's better to be a bu
. the russian government's politically-motivated decision will reduce adoption possibilities for children who are now under institutional care. we regret that the russian government has taken this step and are further concerned about statements that adoptions already underway may be stopped." i have a cold, and i took nyquil, but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. citi price rewind. tyeah, its the galaxy note ii.r
that has been taken up by our unfunded government programs. that is the number one cause of our fiscal and debt problem and it's not going away. so it looks like 2013 is going to be real. it's going to be dealing with issues of peace and war, national identity and issues of personal security. you think it's not important? say it and you're part of the problem. and that's "hardball" for now. th thanks for being with us. "politics nation" with al sharpton starts right now. >> thanks, chris. and thanks to you for tuning in. tonight's lead, the gop is in denial and they're scrambling to make a deal. the only problem? they still haven't learned that they're going to have to compromise. just hours ago, president obama returned home from christmas vacation. looking to jump start negotiations and protect millions from seeing their taxes go up. the news comes after a conference call that mr. boehner held with gop house members, telling them to return to washington this sunday. but just because they're coming back doesn't mean they're looking to play nice. today, senator harry reid blasted the s
there for the government. you think about that aspect of it. but we have to hear from secretary clinton, as secretary of state, come a testify in person and on the record. there are a lot of questions and today's hearing added two more questions. lou: do you think they will be answered here? secretary clinton has said she will testify before mid-january, which would be before the inauguration, and presumably in an effort to satisfy the senate. your thoughts. >> i think it is critical she does that for her own credibility and i think she wants to testify but there are many tough questions that need to be answered for what the secretary of state was was doing as well as the president of the united states was doing. did the president know about these requests? the narrative was al qaeda is on the run. we see al qaeda linked terrorists were actually training in eastern libya not far from an ghazi, that seemed to be a hotbed training area for those folks and makes you wonder if the state department believ the president's own press releases rather than what they should have seen on the ground, they shod ha
also want to see hiring happening and that's where that government jobs report that we focus on once a month, that's where that comes into play. we're going to get the next one next week, that government jobs report and the big worry, carol, that's hanging over all of this is the fiscal cliff. although we're still in the middle of wondering what congress is going to do about it, companies are already holding back hiring so that is clearly impacting the jobs market but the good news once again is the layoffs are slowing, down 12,000 to 350,000 last week. carol? >> thank you very much, washington. alison kosik thank you so much. >>> growing outrage over the decision of a new york newspaper to publish a map with the names and addresses of people who have gun permits. the interactive map was created with information available publicly. it pinpoints the location of legally licensed permit holders for handguns. we reached out for a statement from the newspaper, it sent us this, "the massacre in newtown, connecticut, remains at top-of-mind for many of our readers. or readers are understanda
that in three business days, the summit government is going to run out of borrowing capacity. john, if there were a treasurer in a business who went to their boss and said by the way, three business days, the working capital account dies and as a result, you are not going to make payroll next week, that person would be fired. we get three days notice about hitting the debt ceiling? that seems absurd to me. >> it is not a surprise.rise we have known we were coming to this point and there are two months more -- geithner estimated in that letter that the ways in which the federal government can manage money will give about would months worth of head room, possibly even longer. february or march or -- where we really get to the -- rubber hits the road on that issue. so -- this is not a shock to anybody in government but the publication of this letter and the elevation of the issues in attempt was done in 2011. there was an early moatfication by treasury this was about to happen, trying to get congress to move in a -- interest didn't work then. we will see if it works now. >> defaulting
both on the government side, the reform side, as well as currencies. so i think there's definitely a handful of risks. and you have to kind of -- the play for emerging markets is change. i think when you used to invest as efts, you have to look at the markets differently. i think you have to be more careful. >> all right. let's focus on india. i know you just got back from a long trip where you were evaluating the investment landscape in india. obviously we've seen a lot of foreign investors allocate capital into this market. we are looking at the rupee depreciating significantly over the last year. the company dealing with other problems including lack of infrastructure, some policy changes. what is your recent -- i guess your updated outlook on india going forward? >> well, the local market has justice done phenomenally in 2012. up 25%. but it didn't help u.s. dollar investors because the currency fell the same amount. so really everyone kind of broke even even though the market took off this year. i think india is still a market where you want to keep building positions graduall
coming in to the federal government and regresive in many ways and what it does is funds social security. so should we have even been tinkering with that in the first place? >> one tax cut that, you know, the democrats lobbying for and the republicans did not want because it's technically a stimulative effort. don't forget when it was enacted we were in the middle of a crisis. i think, you know, all sides would probably agree it helped and worked but it's probably time to go away so that's sort of, you know, it is the most immediate thing and i think that was inevitable anyway. the far greater concern is the bush tax cuts and what happens to them. >> you talk about the middle class shouldn't feel the pain here and everybody agrees with that but the working class, absolutely shouldn't have to pay for this and feel the pain but taking, getting rid of unemployment ben filths, talk about the price of milk going up and other things like that, that will have a huge impact on the working class, people that don't have savings dealing with losing $3,400 and can't deal with that at all and that's
money it just shuts the government down . risks the full faith and credit of the united states it is it about recognizing the debts that we incur and shouldn't be part of a extorsionist process. >> congressman you want the last word. >> the debt limit is part of our lecherage and not extortion. but making sure we live in our means and address the problem of spending. >> thank you for joining us today. we appreciate your sight. >> happy new year. >> and the united nations's envoy to syria warns that the civil war could meanos for the entire region. >> they met in moscow today and the talks don't seem to have prused much progress. >> they are concerned about the number. i recaller this week. bashar assad . the only hope for a solution is through the political talks. he and the russian foreign prime minister is ruling in syria untillet election takes place. secretary of state hillary clinton is expected to be back in the office next week. and she fainted and hit her head after being dehidrated from a stomach virus . what some are calling the benghazi shuffle . they are thought to
a deep channel. >>> and america's population growth is slowing down. the government says it's due to lower birth rates during the economic recession and lower immigration numbers. as we start the new year, there will be 315 million people in the united states. the population, though, has grown less than .75% since 2010. so a slower rate of growth. still, 315 million people is -- >> seems like enough people in some places, that's for sure. thanks, lisa. >>> hopes have been crushed and families in the making ripped apart. a new law bans americans from adopting russian children. ng tom about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. >>> from what we surmise, this meeting at the white house between the presiden
government pays farmers. john blackstone reports. >> who wants milk? >> me. >> me. >> me. >> reporter: with four children the rasmussen family in california drinks about five gallons a week on milk. if congress doesn't pass the bill, i would cost him $106. that has dad sean rasmussen worried. >> they have to have their milk. we might have to cut elsewhere. >> reporter: without new legislation government prices revert back to 1939 levels. back then the process was more laborious and farmers needed a higher subsidy to cover their costs. dan sumner says the new price of milk would be far above what it now costs dairy farmers to produce it. >> it really will be chaos. >> reporter: so we would go back to this old farm bill which would force the government to buy milk at an extremely high price. >> that's right. >> reporter: this could be a windfall for dairy farmers. >> well, here's the problem for dairy farmers. they don't want chaos in the milk market. it sounds good. gee, everybody will double or triple the price, but who's going to buy it? >> caller: nobody will buy it. >> nobody will
the debt ceiling but also come march, you will have to figure out how to extend government spending for the rest of the fiscal year. and they don't, the government would shut down. there are major fiscal fights that need to be resolved beyond the immediate fiscal cliff. we are not even talking about the major policies that you are talking about. immigration reform and gun control legislation, those are things that can fall by the wayside if we are consumed by the fiscal talks which seems likely. >> it seems they crawl from one crisis to the next. thank you, sir, we will see you later in the hour. >> thank you. >> president obama will be talking about the fiscal cliff with david gregory on "meet the press" tomorrow, it's an exclusive interview, check your local listings for the air times. if you miss it, we will rerun it on msnbc tomorrow afternoon at 3:00. >>> want to update you on developing news in houston. george h. w. bush has been released from icugabe is staineding by. you told us two hours ago that the president was singing to doctors and unurses, he sounds like he is doing b
that the government has the responsibility to care for them. who believe they are entitled to health care, to food, to housing, to you name it. and so my job is not to worry about these people. i'll never convince them that they should take personal responsibility. >> a very valuable comment. >> i am going to go with bill clinton. >> one speech? >> it was 20 years in the making, the story of the speech, for the first 15 years, republicans treated bill clinton that he was the worst thing that ever happened to american politics. the villain in chief, and after he left the white house, there was the moment in 2008, when republicans decided wait a minute, no, bill clinton is this by-gone symbol of an era, in moderation, they sang his praises for four years, set him up as the good democrat, against obama's bad democrat, and what happens, the good democrat vouches for the bad democrat and disarmed what a lot of republicans were saying about barack obama. >> you have made a reasonable argument. >> i think the enviable one was rick perry, who made the step of going full anti-out immigrant zealotry. >> it
cannot go back and give money to people that can't survive the adjustment by government. this is very serious for working people and lower middle class people. >> you're absolutely right. this is a very serious matter. we need to work earnestly. the house members should be in washington. no reason to wait until sunday night. but i do want to say wup thing, al, and i think this is very important. one of the things that the house leadership is counting on is that we are so attuned to how serious this is that they're going to try to ram anything down our throat. now, let me tell you, we need a deal. we need a good deal. we need a fair deal. but we can't take any deal because this is a serious matter. we need to make sure that they don't make the poorest, vulnerable people pay for this thing. when they're talking about c cutting social security, i'm not guilty with that program. 2 million people's unemployment and a lot of other things -- sandy, help for sandy victims is all on the line here. we've got to get something done. >> i keep hearing this sad sacrifice like we had shared prosperi
government agencies are planning no immediate changes because they're anticipating some kind of deal. that leaves the unemployed, extended unemployment insurance will expire immediately if we go over the cliff. a deal later in january could theoretically restore extended benefits, the immediate damage will have already been done. for many people, this is all an interesting charade. but for the unemployed it's the real deal. get your cell phones out, i want to know what you think. tonight's question, who will the public blame if we go over the fiscal cliff? text a for democrats, text b for republicans to 622329. i'll bring you the results later in the show. >>> joining me now is congressman elijah cummings of maryland. welcome to the show. >> it's good to be with you. >> what do you make of the latest posturing. the house will they reconvene before january? they have a lot of stuff to do, so clearly they can't make it back to d.c. to do the people's business. >> as you said a few minutes ago, we have been assured we would be given at least 48 hours notice before we would have to come
department and the u.s. government learned that you need arabic speakers on the ground? or that you need addedsecurity cameras on the ground. for that you need enough people to protect your people on the ground. we have gone over this again and again. the state dertment doesn't seem to learn it, and that is where i think larry clinton is going to have a problem spewing ambassadorolon? >> when they talk about systemic failure, you have to say who is in charge of the system. the system, the captain of the state is the secretary of state. maybe they didn't want to say that, and maybe a panel didn't mean to say that. that is the inescapable conclusion of that lonn litany of failures. and i think that whilehe scope of this report is very limited, it lays a basis for congress to go forward. i think that we shouldn't link at the clear and sharp, unambiguous statement. there was no demonstration in benghazi. they knew from the get-go that this was a terrorist attack. lou: you can cut this anyumber of ways that you want to in this administration. the american people wre lied to. ey were like two
,000 a year would pay an extra two grand or so to the government. gregg: the big question, do lawmakers hope to get anything out of the last minute fiscal cliff talks or is it just for show? democratic congressman chris van hollen is the ranking member of the house budget committee. he will be joining us live coming up in the next hour what he really thinks is going on. patti ann: well the u.s. economy meanwhile could suffer yet another major blow. looming strikes at ports from next sass to boston are threatening to put thousands of americans out of work. with potential losses for u.s. businesses ranging in the billions. >> the port of baltimore is one of maryland's largest economic generators. any type of work action that may result in a suspension or stoppage of work would have an adverse effect. >> we handle more cars, we handle more farm and construction equipment than any other u.s. port. patti ann: we're learning that adverse effect could take a toll on the economy. fox business network's stuart varney has more for us on that this morning. good morning, stu. >> good morning, patti ann.
. if it cannot abe future that is 100% in accordance with its core beliefs and principles that's not governing. that's lobbing hand grenades. if you are only stabbeding on principle to appear taller, then you appear smaller, and the gop is shrinking daily before our eyes. if leadership casting vision, calling all your people to rise up, and we just watched what happened with lan b and speaker boehner trying to call his people to rise up, and you say his leadership really not in question unless paul ryan really wants it. do you think that people having these types of perspectives, like a mark mckinnan, that doesn't really ring true coming into the new year for speaker boehner. >> look, the problem for republicans and for moderate republicans like mark mckinnan is most of the people in the house are not of the mark mckinnan stripe. these are people who are from districts where they've won with 60% of the vote or more. the majority of them. the majority of their constituents don't want them to compromise on things that they find important like taxes. why someone like mitt romney winds up getting
day pain relief with just two pills. >>> look, look. >> this is syria today. government war plains bombed the city of homs. it happened in alep powe as well. at least 80 people are reported dead across the country today. air strikes like these or in street fighting. these twin boys were among the 160 people killed in syria yesterday. it is so tragic. this is where they died. the man who shot this video said that syrian military artillery hit their home. it happen add few miles from where more than a hundred civilians died in a government air strike just a few days ago. >>> a man sent to syria to try to negotiate the end to the civil war says it could be over in a come of months. he's meeting with both sides in damascus, the rebels as well as the leaders. he speaks for thenited nations, not just syria. >> translator: some say i have come here to market a russian american project. i wish i could. there is no russian american problem so hence i did not come to market it. >> i want to bring in richard ross. brahimi is somebody who's very well respect bud somebody who's optimistic. when
. you know just despite the court is saying the government has not backed down and was within the last few hours and saying the law will be tree ree drafted to con forp with the court's ruling. nevertheless, there is spill widespread support for this tax. they are planning to speak in belgium and wealthy entrepreneurs have moved to countries in the region that have lower taxes. today's decision could delay those departures for the time being. >> gregg: katherine, live in paris, thanks very much. >> the president may want to check out the laffer curve before he rewrites that law. when people flee or stop working that is the laffer curve. >> arthel: your french reporter was there, how about this, you got plans for new year's eve. >> gregg: that is impressive. >> it starts at 11:00 p.m. eastern and megyn kelly and bill hemmer will bring you the event live in times square and new york city. you can be a part of the broadcast by texting your happy new year's messages to the show. here how you do it. you type the the u text, got it. type a space and ascend brief message. utext space and your
geithner warned the government would hit its legal borrow i borrowing limit i limit by monday. geithner says the treasury will be forced to take, quote, extraordinary measures to keep paying the bills. he also referenced the impending fiscal cliff, which threatens to derail the economy if a compromise can't be reached by next week on those big unanswered issues. with both sides locked in the standoff, house republicans are calling on senate democrats to act first. democrats aren't budging much on their demands. they want to extend tax cuts and incomes below $250,000, prolong unemployment benefits, and delay those sweeping spending cuts. sam stein. >> yes. >> what happens in -- and it appears it will happen -- we go off the fiscal cliff for a few days? >> not much, is my understanding. kwb, over time, it will have much more of an impact, and it's unknown exactly what the market's psyche will do with respect to the government's inability to come together. with respect to the tax hikes, it won't be as bad as the rhetoric is suggesting early on. whether it's enough to actually get people to
and scope of government in a way responsible to the voters of that midterm election. instead what we're almost certain to see is an expansion of government in the name of reintroducing it. we're likely to see much bigger government long term. we're not likely to deal with entitlement reforms as we need to do. as you suggest the president is pushing some short-term spending increases often in washington turn into long-term spending increases. gregg: but, steve, bill kristol, conservative, you know what, time to throw in the towel. you do not want to get blamed for raising taxes on 98% of americans. >> right. gregg: right? >> look, bill kristol is my boss and editor at "the weekly standard" and one of most handsome and well-regarded editors in the country as everybody knows. look, i think he was making what was, in effect a practical case. there are people who are making this case behind the scenes. you have seen, he said, get it over with. move beyond this. there are others saying absolutely not. republicans can't cave on the principle of raising tacks. i think interesting thing in wh
. he is now telling congress that the u.s. government will reach its borrowing limit by next monday, the 31st. remember how much fun the last debt ceiling fight was? well, that news comes as president obama rushes home to washington, cutting short his hawaiian vacation in order to resume talks on the fiscal cliff. there are just five days remaining to strike a deal. we'll get to all that in a moment, but first, we begin with a massive winter storm that made holiday travel miserable for millions of americans, including me! winter storm euclid -- what, are we naming snowstorms now? euclid. you can lid? well, euclid blanketed much of the eastern half of the country yesterday, dropping blizzard-like conditions and record snowfall in the midwest, and by late afternoon, euclid moved northeast, bringing traffic to a standstill, forcing the cancellation of more than 1,500 flights on one of the busiest travel days of the year. the weather channel's mike seidel has more on the massive christmas storm. >> reporter: a major snowstorm has dumped over a foot of snow across parts of the midwest. i
for them to be a governing party in any way, particularly in the house of representatives. they are an oppositional party there. but it makes it impossible for john boehner to govern in any effective way to make any sort of negotiation with the president to avoid a fiscal cliff. and the larger issue is that the national populous as a whole wants to see congress get stuff done. they want the accomplishments. so it works for republicans in some statewide races, mostly not but it's not a national agenda. >> allow me to reintroduce myself as a tea party spokesperson. what they say is they are a governing party. you said they're not. they say they are a governing party and they right now are causing the government to completely rewire the way that it deals with the deficit. and they say that there is pain in that process. but the long-term debate and the reason why they don't need to be inside the meeting room is they've got so many of the people in that room afraid of them that we are having a debate between how much to cut the deficit and not to do jobs or stimulus and the th
the sort of optimal sort of career labor exchange through the government. >> that's right. and to your point, you've used the word flexible. let's take a look at who this flexibility works for. it works well for the employers, for the companies. but the rise of contingent labor, the rise of long-term unemployment and collapse of the local labor market have created incredible problems for workers. that flexibility has not worked for workers. >> there are problems that workers are experiencing that probably due to globalization and other things, it's causing a bad scene for workers in general. but these developments aren't necessarily making it worse. they are just going along with the badness there. like, for example -- >> i don't know about that. there are 64,000 workers in georgia who are going into christmas just having been kicked out of earned unemployment benefits. why? because they are working in schools. they are the people who clean the schools, drive the buses, serve food to the kids, and they have been told overnight that they should think of themselves as getting laid off on
the administration, destroy the energy of government, and substitute the pleasure, caprice or artifices of an insignificant, turbulent, or corrupt junta to the regular deliberations and decisions of a respectable majority." but in recent years, the senate has been remade into a super majority constitution. you need 60 votes to get almost anything done. between 2009 and 2010, we had more filibusters than we had in the '50s, '60s, and '70s combined. and they're not filibusters like we think of them, where the senators go to the floor and debate an issue until they keel over from exhaustion. they're just obstruction. if you watch a filibuster today, it doesn't look like anything. it's the blue screen on c-span, the one with the classical music playing over it. you don't tune in to here an intense minority demand a great debate on the issue of the day. you tune in to hear a string quartet. senator jeff merkley, a democrat from oregon is trying to change that. he's got a proposal to force talking filibusters in the senate. it wouldn't change what i think is a central part in the senate, the
the government to do nothing about spending? are you happy with obamacare? most would say no, but in the end the choice was between a president who said things aren't great, but i'm still going to try to make them better and a guy he painted as not having a plan and not identifying with the average wants and needs of middle class americans and in the end, people decided to stick with the devil they knew rather than the one they didn't. >> paul: so the election, the republican defeat was big, but it wasn't overwhelming in a sense of repudiation, kim, as far as a republican platform and their agenda? >> no, i think the reason, look, this country had the opportunity in this election to once again hand completely controlled government to democrats. everyone in the house was up for reelection and yet, they continued to give republicans, majority there. they liked divided government and i think you've got to look to the number of states that have elected very conservative governors who are doing the exact opposite of what barack obama is doing at the federal level. >> dan, there are some real impl
the government. take a look at this. they got her back in the business. it's pretty awesome, right? the party of procrastination can take a lesson from the small-business owner in staten island, new york. congress has nothing to show for itself after two years. coming up next, how the massive gains in the fiscal cliff could impact your 401k and the economy. stay with us the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in your wallet? gerri: big tax hikes set to t gerri: you make it, they take it. 23.8% is the raise that policymakers will see on capital gains. chris edwards joins me now. he is director for tax policy studies at the cato institute. i wo
. both sides are bouncing this thing. citizens for self governance, president mark mcclure joined by occidental professor caroline helpmann. let's start with you. bad deal worse than no deal? >> it is, and we're talking about the fiscal cliff. we are really dealing with is the fiscal fraud. we fell off the cliff along time ago. we are in the best, $16 trillion in debt. a debt our children and grandchildren will never be able to pay off, a total fraud, not dealing with spending, and unless they do we are not going to fix the problems is a country is facing. tom: same point, i mean, is this something that will start tuesday or have businesses and individuals already started be having different because of the fact that this whole process was coming up in addition to what the congressman was talking about? >> certainly was tree has been reacting to this, but i very much disagree about the causes. that is when we extended tax cuts do so wealthy individuals in 2001 and three did not need them and then we saw an incredible decrease in revenue as a result of wall street tanking our econom
on go bankrupt or the governments they are based on go bankrupt, and people are saying that might happen here. >> you could have a credit incident, but we're not going to destroy the faith in credit of the u.s. government. david: we already have. are you kidding, larry? we already have. >> i doubt it because, really, if the credit were destroyed, the cost of finance at the margin would be going up, and the cost of finance at the margin for the federal government is going down. >> larry, consumers are pulling back, a consumer that's pulling back, not spending as much, that is not going out and driving and consuming oil, the confidence seems eroded before a decision is made in dc. we don't even need a decision. david: larry, i know what you say about interest rates, overriding factor thinking about investment and how much cash, but, again, right for now, our credit rating is the best in the worlding but it's a lousy world of credit. that's the problem is that with all this money printing going on around the world, i'm wondering when that comes back to bite us. >> well, that's why you don't
this morning, saying the russian government's politically motivated decision will reduce adoption possibilities for children who are now under institutional care. were further concerned about statements that adoptions already under way may be stopped and hope that the russian government will allow those children who have already met and bonded with their future parents to finish the necessary legal procedures so that they can join their families. and as matthew said, there are just about 50 children that are in the pipeline right now. what senior state department officials are telling me is that they're hoping to get at least those through the pipeline, those children who have already met these parents to be able to be united with them, and then they'll work on trying to lift the whole ban, suzanne. >> elise, is there any kind of advice they're giving those families, those americans, who have already met with their potential children? what should they be doing now? >> reporter: well, right now all they can do, suzanne, is sit tight. they really -- the state department is working on these childr
, right? he is the president of the united states. >> he is. but there are three branches of government. >> laura: accountability for that as well: that's for sure and the democrats didn't get around to actually passing a budget so we need to move on to that that guy, we are going to have the republicans have only so much leverage. in effect they don't have a lot of power here, do they? not really i think we learned that speaker boehner own party we can go back as you said to the debt ceiling debate. the only reason we have cliffs and crises because democrats, particularly in the senate have completely abandoned the legally mandated budgeting process. we have not had a budget in this country for three years. that's why we keep having all these high stakes crises where we are really worried about some deadline that's looming. if we just passed budgets the way we were supposed to and the way the flaw necessitates we wouldn't be having any of these problems, but we have had them year after year. the american people are so weary of this, laura. >> i love the fact, that the "new york times"
the database and they monitor them? >> wait a minute, this is the government. >> they are outing them like they have done something wrong. >> no, no. you have a permit to own a gun. >> it's a symptom. a greater disease. >> no, you have a permit to own the gun. the government said here, and it's freedom of information. >> would you be comfortable with your address outed? >> my address is. >> how about the writer ares of the journal news? >> the guy who wrote the article revealed he owns a gun. >> look, i'm in the phone book, i'm in the newspaper. i mean, you know the thing is for all of us. >> call me. >> thank you. >> but for all of us, there's a high degree of risk. one thing greg says on the show which is true, we are guarded. what people guard us? that's not the issue. so it's not that i'm anti-second amendment, i'm just saying let's be realistic. there's a public safety issue about people having too easy access to guns. >> you have it backwards. you have it backwards. if you took the whole country and did the same thing on the map of the country, the safest places to win would be the o
Search Results 0 to 49 of about 171 (some duplicates have been removed)